Hi, I'd like to repost a private idea I had (I did post it in related ideas in my last retracement long idea for copper -which actually worked for the 1st entry before a massive turn south-). We have a clear short opportunity as outlined by my friend Tom Killick (he does great coverage of copper and USDCLP, check in related ideas). If we're offered with a...
Gold is testing the Key FOMC level, and has hit my daily and weekly 'time at mode' targets. RgMov (Tim West's proprietary trend/sentiment analysis indicator) is not confirming the recent highs while we have tested the yearly MA (253 periods simple moving average), making me think we'll see a healthy correction in this rally. I'll be entering shorts here, and...
SPY has a failed weekly range expansion decline, as well as a daily uptrend aiming for 196. There's potential upside well into the 199 mark, which is where the next Vix spike s/r level sits. The weekly failure implies price can retest the 203.87 mark as well, which coincides with a low volume resistance level, so I'll keep that in mind as well. I'm long AAPL and...
In this chart I demonstrate how BTCCNY is correlated to equities. My previous analysis resulted in a powerful short setup which hit the target. Currently we're in a short trade, after closing out longs we had opened near the lows a couple days ago. I anticipate more sellers coming into this pair, as well as in the stock indexes, so it's wise to be positioned on...
Silver's offering an interesting long setup, currently lagging gold, and showing clear signs of accumulation (and a nice shakeout) before taking off. I'll enter long as described on chart. For more of these type of setups, contact me privately, I'm currently offering tuition as well as signals for a reduced price, lasting until tomorrow. Good luck if taking this...
In this publication I wish to expand on my previous multi-timeframe analysis of the Euro. In the right we have a wave count I've updated, based on Tim West's publication, which warned of the end of a wave B in the Rgmov 'wave chart'. This alerted of a potential uptrend to emerge from that spot, which did materialize but has taken longer time than Tim...
We have a potentially very good trade here. The recent outperformance of HYG (and the crude oil rally) have boosted the stock market but I still think it's possible to see another sharp decline. The market is under Mario Draghi's and China's sweet talk influence right now, as I see it. I'm out of equity longs for the time being, and positioned in a more risk...
In the current enviroment, it's nice to add a 'long Canada/short Asia' trade, and this is what this setup is. Currently the trend is up in the weekly but there seems to be a chance for a sharp decline in the daily chart. Risk to reward makes for a great trade if it works, so it's worth it to risk at least 1/2 position on it. Props to @Synapse here for mentioning...
We have an interesting setup with only 3.65% downside, but with a potential 23.02% upside based on my 'Time at Mode' analysis of this ratio chart. Fundamentals for AMZN are good in the long term, it has been a relatively strong company, and has many interesting future developments ahead (like the introduction of drone delivery of goods, ocean freights from China,...
This stock is coming up from a strong base, acting as a bastion of strength in this market. Dividend investors would be glad to add this to their portfolios here I'm sure, and I wouldn't mind either. There's a nice techical entry if we're offered with prices inside the green zone in my chart. There is an abundance of technicals suggesting this is a good buy, so I...
I'm long AAPL, and would like to share my chart setup here. There's a very interesting level below price, and also below the S&P500's low. Tim West has covered this extensively in his publications, it's a technique used to find prices where the smart money has bought, absorbing retail supply en masse. These levels are detected using Vix spikes, and finding the...
This is a quarterly resistance so I consider it interesting to try considering the downside potential in this juncture. If we were to cross my stop, we'd have to see how it fares against the next red zone above. I'm thinking this is a significant low in the stocks and oil, and thus, a great chance to short USDCAD when there're no oil bulls left. Someone's holding...
Gold is in a long term downtrend in monthly scale, but right now we're in a strong 12h chart uptrend. The weekly has a few signals that tell me it's of paramount importance to get short at the top of this trend. In the next 3 weeks we will be offered with the perfect opportunity for a weekly short in gold. Target is in the short term a retest of the 12h uptrend...
I went long TSLA right before the closing bell last Friday. I'll update as soon as the market opens today. I think oil is set for a rally and this can only benefit TSLA which already looks ready to climb up from this zone to the 250+ region. The Key Earning Levels have been constructive, showing strong support holding and a series of higher lows while spending...
In this chart I illustrate the different facets of the trend in the Euro. It's clear to me that we're about to witness a large short squeeze rally, as evidenced by the following technical landmarks: Rgmov is moving up in the weekly and daily, not validating the recent decline (which also happened during very low liquidity sessions) There's a potential time at...
GBPAUD is approaching the yearly MA, and also about to complete a downtrend signal in the daily chart. It's possible that shorts will be unwound soon, by year end, we might see a large short squeeze rally in this pair, and maybe even the opening of new institutional longs for the new quarter. I'm really interested in entering with the tightest stop possible, so...
I think it's worth it to enter a long in EURUSD now, and one if we break past 1.10056 as depicted in my chart. The stop loss for both is 1.0913. We have US GDP news coming and it's highly likely that the whole week continues to march up from this juncture. I'm right, which I think it's highly probable based on the DXY analysis I conducted and EURUSD's own price...
There's an interesting setup here in the AMD daily chart. After rallying off a base and shooting high, far from the earnings' levels, AMD is offering an interesting short setup. It's worth considering a small entry here, simply based on the size of the target vs the stop loss. The chart shows a potentially complete rising wedge or terminal triangle, which would...